Financial Services in India

Financial Services in India

Financial Services in India

The asset management industry in India is among the fastest growing in the world

At the end of April 2017, the assets under management of the mutual fund industry stood at US$ 299.04 billion.

Inflows in India’s mutual fund schemes via the systematic investment plan (SIP) route rose 44 per cent year-on-year to reach a record high of Rs 4,584 crore (US$ 711.17 million) in May 2017.

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